An individual who has submitted an application for tenancy has a service dog or comfort animal. Can the Landlord turn down tenant if the Landlord has a “No Pets” policy? Can the Landlord charge a pet deposit? When does the agent have to disclose that a prospective tenant has a service animal? May 3, 2017By Cindy Sellers Ethics, Transactions Involving Condos 0 Comment Read More »
I am a listing agent involved in a short sale transaction. The lender has requested that I reduce my commission. The selling broker will not agree to accept less than what was advertised in MRIS. I included a comment in the remarks section that the commission was subject to lender approval. What happens if the selling broker refuses to take a commission that is less than what the listing broker offered in MRIS? Also, is it true that Fannie Mae servicers cannot condition the approval and closing of short sales on the willingness of the listing firm to alter its fee arrangement with the borrower as long as the total commission does not exceed 6%? Does this mean the mortgage company has to pay the fee if it’s less then 6%? May 3, 2017By Cindy Sellers Commission, Ethics 0 Comment Read More »
An agent was affiliated with my company. She left the company before a transaction that she had been working on closed. I paid her compensation but it was not the compensation she would have received had she remained with the firm. Is there a law or regulation that obligates me to pay a full commission under these circumstances? May 3, 2017By Cindy Sellers Commission, Ethics 0 Comment Read More »
Is it proper for the buyer’s agent to attach a document entitled, “Commission Agreement,” to the offer, which essentially increases the percentage of compensation the listing broker initially offered in the MLS? Is it proper for the buyer’s agent to attach a document entitled, “Commission Agreement,” to the offer, which essentially increases the percentage of compensation the listing broker initially offered in the MLS? April 26, 2017By Cindy Sellers Ethics 0 Comment Read More »
Is it illegal and/or unethical for an agent to refuse to show another company’s listing to a buyer client based on the compensation being offered to the agent by the listing company? Is it illegal and/or unethical for an agent to refuse to show another company’s listing to a buyer client based on the compensation being offered to the agent by the listing company? April 26, 2017By Cindy Sellers Ethics 0 Comment Read More »
My broker has informed me that under no circumstances may I contact the owners of property following my departure from the company and that any listing I have will remain with my current broker. My broker has informed me that under no circumstances may I contact the owners of property following my departure from the company and that any listing I have will remain with my current broker. Is my broker right? April 26, 2017By Cindy Sellers Ethics 0 Comment Read More »